Wealthfront Advisers LLC Takes Position in Bath & Body Works, Inc. $BBWI

Wealthfront Advisers LLC bought a new stake in shares of Bath & Body Works, Inc. (NYSE:BBWI) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 61,912 shares of the company’s stock, valued at approximately $1,432,000.

Other institutional investors have also bought and sold shares of the company. BlackRock Inc. purchased a new stake in Bath & Body Works in the 2nd quarter valued at $449,065,000. AQR Capital Management LLC boosted its holdings in Bath & Body Works by 132.5% during the 4th quarter. AQR Capital Management LLC now owns 11,445,928 shares of the company’s stock worth $229,834,000 after acquiring an additional 6,523,960 shares during the last quarter. Norges Bank bought a new stake in shares of Bath & Body Works in the 4th quarter worth $55,504,000. Balyasny Asset Management L.P. bought a new stake in shares of Bath & Body Works in the 4th quarter worth $54,785,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Bath & Body Works in the second quarter valued at about $59,260,000. Institutional investors own 95.14% of the company’s stock.

Bath & Body Works Stock Performance

BBWI opened at $19.47 on Friday. Bath & Body Works, Inc. has a fifty-two week low of $14.27 and a fifty-two week high of $32.32. The firm has a 50-day moving average of $20.47 and a 200 day moving average of $20.10. The firm has a market cap of $3.92 billion, a P/E ratio of 5.47, a PEG ratio of 1.94 and a beta of 1.38.

Bath & Body Works (NYSE:BBWI) last announced its quarterly earnings data on Wednesday, May 27th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.29 by $0.03. The business had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.36 billion. Bath & Body Works had a net margin of 10.03% and a negative return on equity of 45.34%. The company’s revenue for the quarter was down 3.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.49 earnings per share. Bath & Body Works has set its Q2 2026 guidance at 0.300-0.300 EPS and its FY 2026 guidance at 2.400-2.650 EPS. Equities research analysts predict that Bath & Body Works, Inc. will post 2.63 earnings per share for the current fiscal year.

Bath & Body Works Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Friday, August 21st will be paid a $0.20 dividend. The ex-dividend date is Friday, August 21st. This represents a $0.80 annualized dividend and a yield of 4.1%. Bath & Body Works’s dividend payout ratio is presently 22.47%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on BBWI. Raymond James Financial reissued a “market perform” rating on shares of Bath & Body Works in a research report on Wednesday, May 27th. Citigroup upgraded shares of Bath & Body Works from a “neutral” rating to a “buy” rating and set a $25.00 price objective for the company in a research note on Tuesday. Telsey Advisory Group dropped their target price on shares of Bath & Body Works from $25.00 to $22.00 and set a “market perform” rating on the stock in a research report on Thursday, May 28th. Morgan Stanley restated an “equal weight” rating and issued a $22.00 target price on shares of Bath & Body Works in a research note on Monday, July 6th. Finally, Weiss Ratings raised Bath & Body Works from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 9th. Four research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Bath & Body Works currently has a consensus rating of “Hold” and a consensus target price of $22.57.

Bath & Body Works Company Profile

Bath & Body Works, Inc is a leading specialty retailer focused on personal care, home fragrance and complementary products. Through its flagship Bath & Body Works brand, the company offers a diverse assortment of shower gels, lotions, fragrance mists, candles and home fragrance items. Its product portfolio also includes the White Barn Candle Co range of premium scented candles and diffusers. Bath & Body Works serves consumers through a combination of brick-and-mortar stores and e-commerce platforms, delivering seasonal collections, limited-edition releases and signature scent lines.

Founded in 1990 as part of Limited Brands (now L Brands), Bath & Body Works opened its first store in New Albany, Ohio, and quickly expanded across the United States.